Environment

National Bank Among the 20 Greenest Banks in the World

For the third consecutive year, National Bank has been named one of the leading banks in the world for its environmental performance, according to the latest ranking of The World’s Greenest Banks by internationally renowned Bloomberg Markets magazine. This ranking attests to the numerous initiatives and partnerships with various businesses and organizations that National Bank has been developing for several years to further contribute to sustainable community development.

National Bank has come a long way in reducing greenhouse gas emissions

In 2011, National Bank achieved net zero carbon emissions thanks to an innovative agreement with the Sobeys supermarket chain, under the IGA banner in Quebec. National Bank has undertaken to purchase 15,000 tonnes of certified carbon credits annually from 2011 to 2015, which will enable us to fully offset our greenhouse gas emissions.

The amount paid to purchase the carbon credits will be put toward further improving the refrigeration systems of IGA grocery stores. This will reduce their ecological footprint considerably.